Schnecksville, Pennsylvania Property Taxes
The median property tax rate in Schnecksville, PA is 2.03%, considerably higher than both the national median of 0.99% and the Pennsylvania state median of 2.81%. With the median home value in Schnecksville at $251,200, the typical annual property tax bill reaches $5,165, exceeding the national median of $2,690. Property taxes in Schnecksville are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Schnecksville's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Schnecksville or another part of Lehigh County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Schnecksville, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.03%
Estimate Property Tax Bill
$5,099
Ownwell’s Schnecksville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Schnecksville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Schnecksville to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by Lehigh County for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Schnecksville, Pennsylvania
Property taxes in Schnecksville, Pennsylvania, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Schnecksville is 2.03%, significantly higher than both the Pennsylvania state median and the U.S. national median of 0.99%. Local government entities within Schnecksville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Schnecksville estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Schnecksville's effective property tax rate to other counties in Pennsylvania and the national median. For comparison, the highest median property tax rate in Lehigh County is also 2.03%, while the lowest median tax rate is likewise 2.03%. Understanding how these cities compare with Schnecksville provides valuable insights into the varying tax landscape across Lehigh County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Schnecksville Tax Rate
2.03%
Average Lehigh County Tax Rate
2.78%
Average Pennsylvania Tax Rate
2.81%
Average United States Tax Rate
0.99%
Property Tax Rates Across Schnecksville, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18078 | 2.03% | 2.03% | 2.03% | 2.03% | 2.32% |
Source: Ownwell
Property Tax Assessment Values Across Schnecksville, Pennsylvania
In Schnecksville, Pennsylvania, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Lehigh County Assessment Office for tax purposes. In contrast, the assessed value is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. In Schnecksville, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in Schnecksville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with both the highest and lowest median tax bill is 18078, with a median tax bill of $5,165.
Property Tax Assessment Values Across Schnecksville, Pennsylvania
Source: Ownwell
$13,900
$148,250
$282,600
Average Schnecksville Assessed Value
$251,200
Average Lehigh County Assessed Value
$166,200
Average Pennsylvania Assessed Value
$114,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Schnecksville, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18078 | $150,180 | $187,500 | $251,200 | $312,400 | $380,140 |
Source: Ownwell
Property Tax Bills Across Schnecksville, Pennsylvania
In Schnecksville, PA, property tax bills are calculated based on the assessed value of a home, which is determined by the Lehigh County assessment office. The assessed value is then multiplied by the local tax rate to determine the annual tax bill. Factors such as property size, location, and market conditions influence the assessed value. For homeowners in Schnecksville, the median home price is $251,200, leading to varying tax bills across different percentiles. For instance, homeowners at the 25th percentile pay around $3,805 annually, while those at the 75th percentile face a tax bill of approximately $6,311. At the 90th percentile, the tax bill can reach up to $7,713. Compared to the national median property tax rate of 0.99%, Schnecksville's tax rates reflect the local economic conditions and public service funding needs. These property taxes significantly impact homeowners by contributing to local services such as schools, infrastructure, and emergency services, thereby influencing the overall quality of life in the community.
Average Schnecksville Tax Bill
$5,165
Average Lehigh County Tax Bill
$4,452
Average Pennsylvania Tax Bill
$3,063
Average United States Tax Bill
$2,690
Property Tax Bills Across Schnecksville, Pennsylvania
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 18078 | $3,044 | $3,805 | $5,165 | $6,311 | $7,713 |
Source: Ownwell